Not exact matches
In addition to near zero interest rates, central banks created excessive amounts of money by issuing trillions of dollars of bonds, e.g. QE1, QE2, QE3, QE4, etc. pushing unprecedented amounts of newly created money into
global markets to contain the
growing deflationary threat; and, while it failed to contain deflation, the excessive
liquidity is now circulating in markets with no place to go, akin to moribund monetary edema.
In a 6/25/15 address to the London Bullion Market Association (LBMA) forum (brought to our attention by Luke Gromen in his newsletter, The Forest for the Trees), Dr.Yao Yudong of the People's Bank of China stated, «Main reserve currency issuers may either fail to adequately meet the demand of a
growing global economy for
liquidity as they try to ease inflation pressures at home, or create excess
liquidity in the
global markets by overly stimulating domestic demand.»
While base rates kept at or close to zero for almost seven years and three massive asset - buying programs by the Fed have undoubtedly helped stabilize the US (and world) economy during and after the recession that followed the
global financial crisis, the continuation of expansionary monetary policies is now supporting a
growing excess of
global liquidity that has been distorting the market signals sent by stock and bond prices and thus contributing to the
growing volatility seen in recent weeks.
«Last month, LCD, a unit within S&P
Global Market Intelligence, said that assets under management in loan funds had
grown to more than $ 156 billion, up from around $ 110 billion two years ago... The big, potentially market - destabilizing problem hidden in bond funds has to do with
liquidity.
Venntro is now looking to use its
liquidity and extensive user base to
grow a number of new dating properties, to add to existing products like White Label Dating,
Global Personals, Smooch and WooWise.
In response, institutional investors are increasingly turning to bond ETFs to achieve fixed income exposures, and
global bond ETF
liquidity has
grown more than four - and - a-half times since 2008.
«Last month, LCD, a unit within S&P
Global Market Intelligence, said that assets under management in loan funds had
grown to more than $ 156 billion, up from around $ 110 billion two years ago... The big, potentially market - destabilizing problem hidden in bond funds has to do with
liquidity.
But, critics are not confident that bitcoin will fall in value, because of the
growing liquidity of the cryptocurrency, exponentially increasing adoption of bitcoin, and the
global market's acknowledgment of bitcoin as a premier store of value, medium of exchange, and digital currency.